Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
My parameters were that I did not want to add more than 2-3 employees, I did not want to give up control over the u;to are yes - no investment decision, and I didn’t want my position to become a full time job.
Franky Na
Canadian looking for mortgage options for US property purchase options
17 December 2024 | 3 replies
Yes pretty common, minimum downpayment is generally 25% (occasionally that 20% will work) but just depends on your situation.
James Wise
Failed Leadership is why California is on fire.
23 January 2025 | 165 replies
If that wasn't the publics opinion we would have a ton more great jobs in Oregon and many other places.
Jack Larkin
Lee Arnold's Capital Syndicate
21 January 2025 | 74 replies
I know, I get a lot of different kinds of checks because I work with corporations, schools, banks, jobs, etc.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
Kegan Scholl
Best market to house hack in?
28 December 2024 | 24 replies
If that's the case, check out some of the economic data about what cities have strong job and population growth.
Joshua Piche
Im looking to move out this year and house hack my first property
7 January 2025 | 12 replies
My job is flexible which I think would be important when trying to manage my first property so thats why .
Tomoko Hale
A possible first STR property?
28 January 2025 | 29 replies
@Bruce Woodruff did a good job with some basic numbers and it looks like a loser.Plus you are paying a premium over the average.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
They will do a slap dash job on a house that still has a bad roof and foundation in a neighborhood that will see zero appreciation.
Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
I stack cashflow for capex and repairs because I have a decent W2 job that I live off of.